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Why Payment Processing Companies Need to Start Thinking About Blockchain w/ Nabil Manji (Worldpay)
Jan 2, 2024
Nabil Manji from Worldpay discusses the integration of blockchain in payment processing, including the adoption of USDC. They explore reducing fees, navigating regulatory challenges, the evolution of stablecoins, and facilitating transfers into accounts.
46:50
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Quick takeaways
- Worldpay has integrated USDC settlement capabilities to enhance the speed and availability of funds in payment processing.
- The integration of USDC payments provides a cost-effective solution compared to traditional methods and focuses on meeting the needs of merchants.
Deep dives
Worldpay and FIS overview
Worldpay and FIS are part of a large financial services infrastructure and technology provider. They offer banking solutions, capital market solutions, and payment processing services. Worldpay is the largest payment processor in the world, enabling businesses to accept consumer payments across multiple platforms and currencies in over 50 countries.
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